QLD has seen average median house prices change by 2.51% which means that Calamvale, 4116 has done well for property investors by showing a capital gain of 1.74% over the last year
Over the longer term, Calamvale has seen property prices show investors a 21.72% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Calamvale, 4116. Typically our figures indicate that -3.77% is being offered, which puts this QLD suburb at 3299th most discounted overall in Australia.
In the last year 192 properties changed hands in Calamvale, which puts it as the 67th most active market in QLD when comparing the number of sales per suburb.
Situated 17.31km from the CBD, Calamvale is one of Brisbane localities in the postcode 4116.
With a capital gain of -2.85% for the last 12 months, Calamvale, 4116 has performed for property investments than its average annual 2.60% property growth over the last 5 years.
Calamvale,4116 was ranked 1305 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Calamvale, 4116. Typically our figures indicate that -5.16% is being offered, which puts this QLD suburb at 731th most discounted overall in Australia.
A $385 per week rent on the median house gives suburb investors a gross yield of circa 5.22%, without taking into account capital value appreciation, which has been averaging out at 2.60%.
Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.Full summary
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Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.
Transport options to the city (18km away) are convenient thanks to the Logan Motorway, regular buses and the nearby train stations.
Current demand for the area is indicated by the fact that houses typically spend just 44 days on the market, which is a much quicker turnover than many suburbs nearby.
The vacancy rate is also a tight 1.51%, according to Real Estate Investar.
This demand is already translating into capital growth, as the median price of houses has grown by 6% in the past 12 months.
Three- or four-bedroom houses on Bowerbird Pl and Fig Tree St are located on cul-de-sacs which are a sought-after part of Calamvale.
They are very close to shops, schools and public transport to the city.
They can be bought there for less than $520,000.
Top amenities: Calamvale Marketplace, Stretton College, Sunnybank Hills Shopping Centre, Sunnybank Primary, Calamvale Community College, easy access to Gateway and Logan motorways, Grand Plaza Cinemas and shopping centre, Runcorn Heights Primary
Public transport: Multiple bus routes, Altandi, & Runcorn train stations.
Main arteries: Very well established car, bus and rail transport infrastructure including the existing Logan motorway, offering ready access to both the Gateway motorway and Centenary highway. Close proximity to existing rail stations at Runcorn and Altandi.Close